Company Registration No. 12062855 (England and Wales)
Silk Safety Ltd
Unaudited accounts
for the year ended 30 June 2021
Silk Safety Ltd
Unaudited accounts
Contents
Silk Safety Ltd
Company Information
for the year ended 30 June 2021
Company Number
12062855 (England and Wales)
Registered Office
40 CAVERSHAM ROAD
READING
RG1 7EB
ENGLAND
Accountants
Ping Accounting Ltd
11a Park Street
Camberley
Surrey
GU15 3PQ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Silk Safety Ltd
for the year ended 30 June 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Silk Safety Ltd for the year ended
30 June 2021 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Ping Accounting Ltd
Chartered Certified Accountants
11a Park Street
Camberley
Surrey
GU15 3PQ
9 August 2021
Silk Safety Ltd
Statement of financial position
as at
30 June 2021
Tangible assets
994
1,484
Cash at bank and in hand
31,056
23,275
Creditors: amounts falling due within one year
(21,921)
(21,677)
Net current assets
14,097
3,839
Total assets less current liabilities
15,091
5,323
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
14,905
5,044
Shareholders' funds
14,906
5,045
For the year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 August 2021 and were signed on its behalf by
Mrs Myra Kelly
Director
Company Registration No. 12062855
Silk Safety Ltd
Notes to the Accounts
for the year ended 30 June 2021
Silk Safety Ltd is a private company, limited by shares, registered in England and Wales, registration number 12062855. The registered office is 40 CAVERSHAM ROAD, READING, RG1 7EB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
3,053
2,100
Accrued income and prepayments
1,909
141
Silk Safety Ltd
Notes to the Accounts
for the year ended 30 June 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
11,988
3,267
Loans from directors
5,558
13,519
The Directors Loan Account has a balance of £5,557 Credit.
8
Average number of employees
During the year the average number of employees was 2 (2020: 0).